M&A Deal Summary

Aero 3 Acquires Skywheels

On November 14, 2023, Aero 3 acquired aerospace company Skywheels

Acquisition Highlights
  • This is Aero 3’s 6th transaction in the Aerospace sector.
  • This is Aero 3’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-11-14
Target Skywheels
Sector Aerospace
Buyer(s) Aero 3
Deal Type Add-on Acquisition

Target

Skywheels

Cheshire, United Kingdom
Skywheels is a provider of wheel and brake repair and overhaul services for the global aviation industry. The company services all aircraft types and OEM systems, and focuses on the UK and European markets. Skywheels was founded in 1996 and is based in Cheshire, England.

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Buyer(S) 1

Buyer

Aero 3

Bedford, New Hampshire, United States

Category Company
Sector Aerospace
Revenue 120M USD (2025)
DESCRIPTION

Aero 3 is an aviation group providing aircraft parts, repair, and maintenance services through its brands AeroRepair, AirCrafters, Hemico, and Skywheels. The Company’s capabilities include component overhaul, wheel and brake servicing, PMA engineering, and parts distribution for commercial, business, and military aircraft operators across North America and international markets. Aero 3 was founded in 2019 and is headquartered in Bedford, New Hampshire.


DEAL STATS #
Overall 6 of 6
Sector: Aerospace M&A 6 of 6
Type: Add-on Acquisition M&A Deals 5 of 5
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Aircrafters

New Castle, Delaware, United States

Aircrafters is a provider of wheel and brake parts for the aviation industry through its aftermarket distribution of Collins wheel and brake parts, its extensive parts inventory, and the provision of exchange asset pools for multiple global operators. Aircrafters was founded in 1984 and is based in New Castle, Delaware.

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